Fund Firms Must do More on Human Rights, Says Report

Research by ShareAction finds fund giants must do more on human rights, and US asset managers lagging those in Europe and Asia

Annalisa Esposito 14 May, 2020 | 10:55AM

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Child labour, exploitation and unsafe work conditions are still real issues in today’s world, though they may not be in front of us in our daily life. But the pressure is on asset management firms to tackle such problems as part of their sustainable remit. 

A report by campaign group ShareAction says the current situation is disappointing. While three-quarters of asset managers have a human rights policy covering all areas of investment, relatively few make firm human rights commitments. In simple terms, it means while many fund groups are talking the talk, they are not yet walking the walk. It's an issue Morningstar recently delved into in its research into fund manager's roles as stewards

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About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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